#BTCOutlook

will bitcoin dip further.

Recently bitcoin go beyond a big milestone crossing 100000usd limit.so why now it dipping below 97000usd.

Psychological Barrier

one hundred thousand dollar is a psychological barrier for most traders.so when bitcoin shows slight down trend traders tend to shorten their positions.

Phenomena of market correction

many believe that after uptrend or downtrend in the market it need some price correction.this belief actually doing some changes in the market.